Following the departure of MySpace co-founder, Chris De Wolfe, from the MySpace chief executive spot, MySpace’s owner, News Corporation, has appointed Owen Van Natta, a former Facebook executive, to the role.

Owen Van Natta was previously chief revenue officer of Facebook, where, among other things, helped negotiate a $240 million investment from Microsoft.

After Facebook, Van Natta became the CEO of online music service, Playlist.

Source: Tim Arango, “MySpace Names Chief Executive, Once of Facebook,” The New York Times, April 24, 2009

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